New York Act Would Examine Crypto Mining Potential

New York act would examine the potential for economic zones to empower cryptocurrency mining  
16 February 2018   1526

The act A09862 was introduced in New York on February 14, 2018. It proposes to set up a task force to better understand the impact of economic empowerment zones for cryptocurrency mining.

If passed, the act would analyze cybersecurity threats, the general effect that creating such zones might have on employment within the respective areas. I also would analyse the role of service utilities.

This act would require all departments, agencies or any political subdivisions to provide relevant assistance and data. Two members of the task force would be appointed by the governor, temporary president of the Senate, speaker of the assembly, and superintendent of the department of financial services.

A report from the task force would be submitted to both the governor and legislature of New York one year from the act's effective date.

Amberdata to Study Abnormal ETH Miners Rewards

As reported, unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and the bot did not work correctly
21 February 2019   80

The research startup Amberdata analyzed the activity of the Ethereum network in the last 24 hours and, like the media, found five transactions with an abnormally high commission.

It turned out that all five transfers were made from one address. Within four hours, the owner of the address paid the miners about $ 583,976 for processing transactions.

Note that the commission for block # 7,238,290 in the amount of 2103,1485 ETH, which was received by the Sharkpool pool, is the largest in the history of the network. Nevertheless, representatives of the pool temporarily froze funds in case the owner of the address made a mistake.

Amberdata is convinced that an unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and then the bot did not work correctly.